Salesforce.com Inc. jumped to a record high after quarterly results showed customers are seeking the marketing tools Chief Executive Officer Marc Benioff acquired to complement his customer-management software.
Jive Software Inc. fell the most since going public in December 2011 after the maker of social- networking products reported a wider loss, cut its full-year forecast and Robert W. Baird & Co. downgraded the stock.
Nomura Holdings Inc. named Steven Ashley as global head of fixed income following the resignations of two top bankers who joined when Japan’s biggest brokerage bought Lehman Brothers Holdings Inc. operations in 2008.
Investors are betting Responsys Inc. and Constant Contact Inc. will be the next targets for companies seeking to beef up their online-marketing technology after Salesforce.com Inc.’s $2.5 billion purchase of ExactTarget Inc.
Adobe Systems Inc. rose to the highest price since 2008 after reporting sales and profit that exceeded analysts’ estimates as more customers flocked to online versions of the company’s graphic-design software.